Public accounts in trouble: April collection fell almost 8%

In April, tax collection grew 90.2% year-on-year,

, which was around 104%.

The drought reduced the contribution of withholdings to exports and

in April

, "mainly affected by the performance of taxes associated with foreign trade due to the impact of the drought," according to the statement released by the Ministry of Economy.

Export duties presented a fall of 48% compared to the same month last year.

The soybean dollar that was in force for most of April gives exporters

.

In the month, the liquidation by this mechanism reached

, far for now from the US$ 5,000 million that the sector promised to contribute until the end of the program, which ends on the 31st of this month.

"Excluding the aforementioned taxes, the collection presented a growth of 104.5% year-on-year, while, if they are contemplated,

, detailed from the Palace of Finance.

For April,

Nadin Argañaraz, director of the IARAF, estimated that the collection

"In the first four-month period it would have had a real drop of 7.2%, after two years of start with rise real".

 "The collection that fell the most, due to drought among other factors, was that of Export Duties, which

. VAT, thanks to the activity, collection plans and the suspension of certificates of exemption to certain importers, would have had a real increase of 3.9%, contributing very valuable resources to the coffers of the Nation and the provinces Profits would have had a real drop of 9% and Social Security, due to an increase in formal employment , a real increase of 2%", explained Argañaraz.

On the other hand, the economic team highlighted that "the taxes with the greatest response to economic activity also contributed to explaining the variation in national revenue."

Thus,

while the Tax on Credits and Debits increased 98.7% and Coparticipated Internals jumped 128.0%.

Social Security resources had a rise of 110.7%.

"High growth rates were sustained, deepening the expansive trend observed in recent months.

," the statement said.

The rise in these resources responded to the growth in Employer Contributions (116.3%) and the increase in Personal Contributions (104.7%).

"The taxes that grant progressivity to the system expanded by 85.8% as a whole," they mentioned.

At this point they refer to the Personal Assets Tax, which presented

In addition, the Income Tax registered a variation of 88.0%, as a result of the increase in the amount of taxable remunerations and the amount of operations achieved and the perception applied to the purchase of foreign currency arranged in July through the RG AFIP 5232/22.

"The April collection (net VAT +117%) shows the positive incidence of recent measures, such as the improvement in the VAT Compliance Plan, the Fiscal Monitoring Program and the modifications introduced in the regimes of facilities for large companies" , tweeted the head of the AFIP, Carlos Castagneto.

In addition, Castagneto took the opportunity to

.

"Export rights had a negative result of -48% as a result of the impact of the drought and the lack of liquidation of the agro-industrial sector,

. "

Thus, the official made reference to the fact that the agricultural liquidation was meager despite the soybean dollar.

AQ

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